Panama budget will surge to $14 billion next year
Wednesday, July 20, 2011
Panama’s national budget for next year could increase be $1 billion to more than $14 billion.
Alberto Vallarino, the finance minister, said that the total includes swending on central government, state-owned companies, autonomous bodies and financial intermediaries.
Vallarino emphasized that the approval of fiscal reforms “has given the government unprecedented capacity to invest.”
Original source (in Spanish): La Estrella